Dangote oil refinery is set for Africa’s biggest ever market listing as it seeks to raise about $5 billion through an initial public offering expected to...
The Nigerian National Petroleum Company Limited (NNPC) remitted the sum of N6.286 trillion into the federation account between January and June this year. Meanwhile it has...
Oil prices fell about 5% to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the...
A pressure group, the Rivers Progressives’ Network (RPN), has called on the Ogoni people to support the resumption of crude oil production in Ogoniland before pursuing...
Oil and Gas Professionals Forum (OGPF) has asked the federal government to launch an independent probe into the leadership and operations of the Nigerian National Petroleum...
Oil prices rose on Friday after Iran said it had stopped two vessels seeking to exit the Strait of Hormuz, underscoring concerns over global energy supplies...
Residents of Olugboboro community in the Southern Ijaw Local Government Area of Bayelsa State have expressed worries over a recent directive by Oando Plc, ordering the...
Oil prices climbed 7% on Wednesday as airstrikes resumed in the Middle East, adding to worries about dwindling supply as U.S. government data showed crude inventories...
Shell Petroleum Development Company of Nigeria Limited (SPDC) was allegedly complicit in oil theft and environmental damage across communities in the Niger Delta through failures in...
Oil prices slid about 2% to a one-week low on Tuesday on cautious hopes for a resolution to the Iran war as traders continued to assess...
Oil prices hovered around a one-week low on Monday after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes...
Oil prices topped $100 on Thursday, their highest levels in nearly two months, after Yemen’s Houthis said they had attacked two Saudi oil tankers in the...
Oil prices surged nearly 5% Wednesday, with Brent crude topping $95 a barrel, as escalating US-Iran tensions and growing threats to shipping raised fears that instability...
Oil prices climbed about 2% on Tuesday to a five-week high, on worries that energy supply disruptions could worsen in the Middle East due to more...
Oil prices edged lower on Monday, pulling back and reversing course from earlier highs in choppy trading, as traders weighed hopes of renewed U.S.-Iran negotiations against...